State of California

The state is $666 million ahead of budget projections for the first quarter of fiscal 2018.

Municipal market participants have their hands full on Tuesday, as roughly half of the week’s issuance is flowing into the primary market.

Municipal bond buyers will be seeing almost $5 billion of bonds hit the market on Tuesday, led by big sales from California and Illinois.

Treasurer John Chiang extended his office's sanctions against the firm for a second year.

Municipal bonds finished mixed on Monday as an $850M New York City Transitional Finance Authority deal priced for retail investors.

The primary market is getting something it has been seeking for a while, with $10 billion of new supply on the docket. The New York City Transitional Finance Authority, California and Illinois are set to bring almost half of the week's supply.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.

The municipal bond market will see more volume than it has in a while, as almost $10 billion of new deals are set to hit the screens this week.

The primary muni market is set for nearly $10 billion in weekly volume, as deals from Illinois, New York and California dominate the calendar.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.